Day: August 26, 2020

  • 212 people in self quarantine in Antigua

    212 people in self quarantine in Antigua

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Mount St. John’s Medical Center has revealed no new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Tuesday, Aug. 25 at 6 p.m. Subsequent to the publication of the dashboard on Tuesday with the cut off time…

  • New Tropical Disturbance emerging off the coast of Africa

    New Tropical Disturbance emerging off the coast of Africa

    A new Tropical Disturbance is emerging off the coast of Africa. Meteorological officials say it has a 20 per cent chance of formation in five days.

  • BVI lifts suspension on One Caribbean Airlines

    BVI lifts suspension on One Caribbean Airlines

    The suspension preventing One Caribbean Airlines’ flights to the Virgin Islands has been lifted following the conclusion that there was no intent on the airline’s part to break COVID-19 protocols. Chief Executive Officer of the OCL Barbados Ltd/One Caribbean Ltd Airlines, Reginald Adams, told SEARCHLIGHT that he received a letter on the morning of Sunday,…

  • PAHO urges Guyana Gov’t to revert to 6 p.m. to 6 a.m. curfew

    PAHO urges Guyana Gov’t to revert to 6 p.m. to 6 a.m. curfew

    With COVID-19 cases in Guyana surpassing 1,000, country representative of the Pan American Health Organisation/ World Health Organisation (PAHO/WHO) Dr William Adu-Krow is urging the Government to revert to the 12-hour curfew. “I would ask of the Government if you can have 6 p.m. to 6 a.m. rather than 9 p.m. to 5 a.m. because…

  • A&BUT categorically refutes Pointe Express’ article

    A&BUT categorically refutes Pointe Express’ article

    The Antigua and Barbuda Union of Teachers (A&BUT) categorically refutes an article published in Pointe Express on Wednesday 26th August 2020. The article states A&BUT’s support of the government’s decision to make changes to the regulations, which apply to students in classrooms and persons under the age of 18 travelling alone. It also quotes the…

  • 7 days in jail for driver in high-speed chase

    7 days in jail for driver in high-speed chase

    Montel Barton, 19, the driver in last weekend’s high speed chase with police has been sentenced to seven days in prison. Barton was sentenced to seven days in prison on driving without a licence, and another seven days for dangerous driving. The sentences will run concurrently. He was also fined $2,500 for driving without insurance.…

  • Hurricane Laura ‘will cause unsurvivable storm surge’

    Hurricane Laura ‘will cause unsurvivable storm surge’

    Hurricane Laura is expected to cause an “unsurvivable” storm surge, extreme winds and flash floods as it hits the US, the National Hurricane Center (NHC) says. Laura was upgraded to a Category 4 storm as it approached the coasts of Texas and Louisiana on Wednesday. The NHC warned local residents to “rush” to complete preparations.…

  • Virus costs global tourism US$320B in five months

    Virus costs global tourism US$320B in five months

    The global tourism industry has been devastated by the coronavirus pandemic, with US$320 billion lost in exports in the first five months of the year and more than 120 million jobs at risk, the United Nations chief said Tuesday. Secretary General Antonio Guterres said in a policy briefing and video address that tourism is the…

  • Quest on for a better way to kill beautiful but brutally destructive lionfish

    Quest on for a better way to kill beautiful but brutally destructive lionfish

    The quest is on for a better way to kill beautiful but brutally destructive lionfish than shooting them one by one with spearguns. The voracious invaders with huge appetites, flashy stripes and a mane of venomous spines are a problem in the Caribbean, the Gulf of Mexico and the East Coast almost to Virginia. They’ve…

  • 3 more COVID deaths, 120 new cases in Jamaica

    3 more COVID deaths, 120 new cases in Jamaica

    Jamaica recorded a surge in coronavirus cases on Tuesday, with three new deaths and a one-day record of 120 infections. Dead are a 76-year-old woman from St Catherine, an 89-year-old woman from Kingston and St Andrew, and a 70-year-old man, also from Kingston and St Andrew. Total deaths from COVID-19 now stand at 19, with…

  • How Acid Reflux Can Damage Your Teeth

    How Acid Reflux Can Damage Your Teeth

    Acid reflux is a condition in which contents of the stomach travel back up the esophagus, causing a painful burning sensation in the chest. Millions of people affected by acid reflux, also known as GERD (Gastroesophageal Reflux Disease), are at a higher risk for cancer and other dysfunctions of the digestive tract. The condition itself…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]